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Automotive Engine Degreasers Market Size, Share & Industry Analysis, By Type (Aerosol Form Degreasers, Foam Form Degreasers), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast 2022-2029

Region : Global | Report ID: FBI103580 | Status : Ongoing

 

KEY MARKET INSIGHTS

Automotive engine degreasers are primarily used to remove the unwanted materials, impurities and grime substances such as oil, dirt, and grease from the automobile components made of aluminium, copper, magnesium, steel, and plastic. These degreasing agents are a combination of emulsifiers, solvents and surfactants. The degreaser is chosen depending on the kind of engine to be washed as well as the position of the engine in the vehicle. These agents produces a foam on the engine which can easily cleaned with water. Engine pollution by sludge, grease or other ignition by-product deposits is likely to adversely affect the total motor performance and efficiency of the vehicles. In order to ensure improved and greater efficient vehicle performance, the rising demand for reducing the pollution of engines and other vehicle mechanisms by the deposits is expected to boost the aftermarket of automotive degreasers in the forecast period. In the regular maintenance services of consumers, the adoption rate of precautionary measures taken to ensure vehicle efficiency is high, which is expected to further promote the after-sales market of automotive degreasers in the coming years. The rapid growth in the production volume of passenger cars and commercial vehicles as well as increased lifespan of automobiles are likely to fuel the market growth. Moreover, the stringent regulations imposed by the governments to reduce vehicular emission are stimulating the need to maintain the engine and other motor mechanisms of the vehicle clean and free from contaminations.


Key Market Driver -

Increasing sales and production of vehicles is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Health problems and regulations may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the automotive engine degreasers market is segmented by type, by vehicle type, and by geographic coverage. Based on type, the automotive degreaser market is further segmented into foam form degreasers and aerosol form degreasers. The foam form degreasers hold the major share in the global market owing to the easy availability and at lower cost. However, the aerosol form degreasers are now gaining high traction in the market and are expected to dominate the global market in the coming years. The aerosol degreasers are more effective as the solvent used for washing and cleaning are easily mixed with the surrounding air causing faster and effective grime removal as compared to the other form of degreasers. Also, the easy usability as well as minimal waste generation produced by the aerosol degreasers. Based on vehicle type, the automotive cleaner and degreaser market are further divided into passenger cars and commercial vehicles. The passenger cars segment is likely to surge at a significant growth rate during the forecast period owing to the increasing sales and production of passenger cars across the globe.


Key Players:


Major players operating in the global automotive engine degreasers market include The Dow Chemical Company, The Penray Companies, Inc., WD-40 Company, ABRO INDUSTRIES, INC., 3M, Fuchs Petrolub SE, The Radiator Company, and BASF SE among others.


Key Insights



  • New Advancements in automotive engine degreasers

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive engine degreasers market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America accounts for the major share in the global market owing to the higher demand for engine cleaning and degreasing products especially in countries such as U.S, and Canada. The vehicle owners in this region maintain their vehicles in a good condition by using such products irrespective of the high cost of maintenance involved. Owing to this cleaning and vehicle maintenance practise, the average lifespan of the vehicles have increased from 10 years to approximately 13 to 14 years. Therefore, in order to enhance the lifespan of the vehicle and maintain the vehicle in good condition, appropriate cleaning and maintenance products are gaining high demand, which has led to the continuous growth of the automotive degreaser market in this region. Asia Pacific is also expected to become an emerging market for the automotive engine degreaser market owing to the huge automotive market in developing and developed economies of this region such as India, China and Japan, which is consequently leveraging the demand for automotive engine degreaser market.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Type




  • Aerosol Form Degreasers

  • Foam Form Degreasers



By Vehicle Type




  • Passenger Cars

  • Commercial Vehicles



By Geography




  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



  • Ongoing
  • 2021
  • 2018-2020

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